Design Group Regulatory News (IGR)

7 Jul 2006 15:01

International Greetings PLC07 July 2006 Additional listing The board of International Greetings PLC ("International Greetings" or the"Company") announces that application has been made today to the London StockExchange for the admission to AIM of 44,692 ordinary shares of 5 pence each inthe capital of the Company. The new ordinary shares will rank pari passu withthe existing issued ordinary shares of International Greetings. The 44,692 ordinary shares are being issued in part consideration for theacquisition of the remaining 50% of the issued share capital of Leonard HenryHoldings BV ("Leonard Henry"), its Dutch joint venture business, which the Groupdoes not already own. The balance of the consideration is being settled by acash payment to the vendor of €1 million. The 50% shareholding already owned in Leonard Henry, together with its whollyowned subsidiary Anchor International BV, was originally acquired by the Companyin May 2005 as part of its purchase of Anker International PLC. The remainingshares of Leonard Henry are being acquired by International Greetings in orderto streamline the structure of its operations in Europe. Enquiries: International Greetings plcNick Fisher, Joint Chief ExecutiveMark Collini, Finance DirectorTel: 01707 630630 This information is provided by RNS The company news service from the London Stock Exchange